U.K. House Prices Fall

U.K. house prices fell for a sixth month in December and the decline will extend into 2013 as Britons’ reluctance to borrow weighs on property demand, Hometrack Ltd. said.

Former Yellen Adviser Says Recession a ‘Live Possibility’
09:46 - Chair Janet Yellen said the Federal Reserve still expects to raise interest rates gradually while making it clear that continued market turmoil could throw the central bank off course from the multiple increases that policy makers have forecast for 2016. Andrew Levin, an economics professor at Dartmouth College in Hanover, New Hampshire, and a former policy adviser to Yellen when she was the Fed vice chair, speaks to Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
  • Low Borrowing Costs Help Trudeau to Grow Stimulus
  • Zuckerberg Slams Andreessen's India Tweets
  • Have Central Banks Lost Credibility?